Canada Lithium Corp.
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Canada Lithium confirms Québec lithium mine viability; schedules site construction in Q3, 2011
Canada Lithium Corp. (TSX: CLQ; U.S. OTC: CLQMF) announced today the results of the updated feasibility study for the development of a mine and lithium carbonate processing facility at its Québec Lithium Project near Val d’Or, Québec. A National Instrument 43-101 compliant technical report respecting the updated feasibility study will be filed on SEDAR within 14 days. The June technical report will replace the technical report dated January 5, 2011, that was prepared in respect of a feasibility study for the project that was completed in December, 2010.
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Canada Lithium shares halted for a mineral resource estimate do-over
Michael Allan McCrae | March 1, 2011
Canada Lithium said today it will have to take another look at a resource estimate it used to fund a Can$202-million open pit mine in Quebec.
The company said that it was unable to reconcile its own results with a previously announced 43-101-compliant report dated Oct. 28, 2010.
In January the company raised Can$110 million via a bought-deal financing.
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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